Logistics Bureau

DECEMBER 28, 2024

This means developing supplier evaluation frameworks that include carbon metrics, working together on joint emission reduction projects, and incentivising suppliers to meet or beat carbon targets. Also consider on-site renewable energy generation through solar panels or purchasing renewable energy credits (RECs) to offset facility emissions.

Resource Reduction 75

Resource Reduction Material Savings Supply Chain Design Software Supply Chain Planning Software 75

GlobalTranz

SEPTEMBER 23, 2015

This includes risk analysis, detailed reports of how a supply chain functions, and even lead generation. However, unorganized supply chains can quickly cause a customer to abandon a purchase and provide negative feedback about the company across social media, word-of-mouth, and many other mediums. What Is Supply Chain Big Data?

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Software Supply Chain Design Procurement Analytics 108

Logistics Viewpoints

JULY 17, 2024

G&J Pepsi-Cola Bottlers began its journey in 1925 when two women in Cincinnati, along with their partners, purchased the New York Mineral Water company. These metrics are crucial in understanding, analyzing, and improving the efficiency and reliability of manufacturing equipment. Both factors affect MTBF and MTTR metrics.

Digital 125

Digital Procurement Analytics Manufacturing Procurement Modeling Software 125

FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

DECEMBER 15, 2020

A freight spend analysis can help cut those extra costs. By doing so, carriers and experts pinpoint logistics cost contributors. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Know the scope and value of a freight spend analysis. Gather data for the analysis.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

Logistics Bureau

SEPTEMBER 4, 2023

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

Trinity Logistics

OCTOBER 31, 2021

Transportation management affects every part of your logistics process, from planning to procurement and more. With this, it can optimize each shipment, allows freight tracking by using real-time updates, payment processes are simplifying and streamlining invoices are audited, and develops reports through its in-depth data collecting.

Optimization Software 126

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 126

Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. What this blog is about: Leveraging predictive analytics for forecasting and visibility. Having random data is meaningless without insightful analytics. Concept of Predictive Analytics.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

GlobalTranz

JANUARY 17, 2017

So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing. Clearly, the IoT has caught on much faster than experts could have hypothesized.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

ShipLilly

FEBRUARY 12, 2021

Meanwhile purchasing patterns are continuing to evolve in response to the unique set of circumstances created by the COVID-19 pandemic. Take for example the increased emphasis on the purchase of household goods via e-Commerce platforms. The post Analysis on 2021 Container Shipping Delays appeared first on ShipLilly.

Analysis 105

Analysis Manufacturing Procurement Purchasing Skills Price Reduction 105

Logistics Bureau

DECEMBER 22, 2024

Unlike most of the KPIs we recommend, perfect order is a composite of several elementary metrics. Perfect order results can help you assess performance and diagnose issues impacting service, costs, and overall supply chain effectiveness. What about DIFOT?

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Bureau

OCTOBER 12, 2024

For those procurement or Supply Chain executives in suitable organizations, there is an increasing number of uncertainties to manage, especially in today’s tough economic environment. Procurement consultants like ourselves are required to be highly creative and innovative to resolve the business issues across a broader management disciplines.

Cost Reduction 52

Cost Reduction Procurement Analytics Optimal Sourcing Procurement 52

GlobalTranz

MARCH 7, 2016

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. What Do Supply Chain Analytics Have to Do With This Ability? What About Supply Chain Entities That Have Time-Sensitive Products?

Procurement Analytics 61

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chains 61

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. How to Begin Your Terms.

Procurement Analytics 84

Procurement Analytics Manufacturing Procurement Procurement Document 84

SYSPRO Smarter ERP

OCTOBER 9, 2023

Therefore, companies should have a system to collect and consolidate the data for reporting and analysis. Understanding material costing requires information about procurement activities and how long materials linger in inventory before they are used to generate revenue.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

Logistics Bureau

JANUARY 20, 2025

When stock reaches a certain threshold the system automatically triggers purchase orders to suppliers. Predictive Analytics and Demand Forecasting – Modern supply chain systems analyse historical data, market trends and even weather patterns to predict future demand.

Supply Chain Software 75

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 75

Logistics Bureau

APRIL 4, 2022

There are several advantages to understanding your freight costs compared to the market generally. Alternatively, you can procure access to a digital freight benchmarking platform. The Pros and Cons of Procuring a Benchmarking Tool. You’ll also need to procure the most suitable platform for your freight benchmarking needs.

Negotiating Skills 96

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Supply Chain Planning Software 96

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. SRM is more than a one-and-done analysis. Establish KPIs to track the quality of a vendor’s products and service, in addition to quantitative metrics such as timely deliveries, cost savings, and order accuracy.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

3PL Links

JANUARY 8, 2025

By combining data on deliveries, the performance and use of each vehicle, the performance and behavior of drivers, the maximum weight transported by vehicle, and driver availability, this tool allows each delivery to be structured and continuous reports to be made in search of more intelligent processes.

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Resource Reduction Expense Reduction 62

GlobalTranz

MAY 27, 2015

How Can USMTO Reports Help Drive Manufacturing Sales and your Bottom Line? The United States Manufacturing Technology Orders (USMTO) data report is compiled monthly by the Association for Manufacturing Technology (AMT). What is the USMTO Data Report? Why Wenzel America Uses the USMTO Data Reports.

Manufacturing Procurement 94

Manufacturing Procurement Procurement Analytics Data Modeling Software 94

Logistics Viewpoints

MARCH 27, 2025

A disruption at any point in the global logistics network including the average of 12 touch points from shipment packaging to final delivery can prove disastrous for profits, service levels, customer loyalty, and other key metrics. With the global e-commerce market predicted to reach $8.1 billion to $23.07

Supply Chain Planning Software 62

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 62

GlobalTranz

MAY 1, 2018

Since this trend isn’t likely to change anytime soon, shippers who can contain the cost of shipping by maximizing efficiency and optimization throughout their shipping network will be on firm ground heading into the future. Data-driven analytics enables you to make cost-effective transportation decisions.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

Trinity Logistics

AUGUST 3, 2021

Having a TMS for your supply chain can help provide your company with greater visibility, better reporting, and improved performance through automating many manual processes. There’s a big difference between purchasing software to use from a company and working with a 3PL that offers it as a solution. GET MY FREE SUPPLY CHAIN ANALYSIS.

Supply Chain Design Software 139

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Procurement Solutions 139

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure.

Negotiating Skills 94

Negotiating Skills Optimal Sourcing 3PL Procurement Analytics 94

GlobalTranz

APRIL 8, 2015

In order for data to be used in the decision making process, companies must ensure that they are using high quality data in their analysis. Although the availability of supply chain data is increasing by a factor of 10x each year, a large quantity of data alone provides limited value for business analytics.

Data 98

Data Procurement Analytics Price Reduction Supply Chain Software 98

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. transportation metrics ?that Access to real-time data and the ability to perform real-time analysis ?enables Focusing on the?

Optimal Sourcing 123

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Negotiating Skills 123

Logistics Viewpoints

NOVEMBER 6, 2023

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, companies will take sustainability criteria into account in their purchasing decisions. The data, which is reported on the EcoVadis platform, highlights the supplier’s emissions.

Supply Chain Planning Software 94

Supply Chain Planning Software Resource Reduction Procurement Analytics Material Savings 94

SYSPRO Smarter ERP

JULY 3, 2023

It is estimated by McKinsey that 40% of the potential value that could be created from analytics comes using ML techniques, However, many business leaders are unsure where to apply ML to reap the greatest rewards. Product development When designing a new product or improving an existing one, extensive data analysis is required.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98

Dedola Global Logistics

MAY 1, 2024

Our suite of value-added services caters to clients with specific needs, offering personalized solutions that streamline the import process, cut costs, and align perfectly with your business requirements. We tailor our services based on your freight volumes, specific metrics, and custom criteria.

Procurement Solutions 80

Procurement Solutions Manufacturing Procurement Purchasing Skills Sourcing Strategies 80

Logistics Bureau

JANUARY 3, 2025

Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 113

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 113

GlobalTranz

NOVEMBER 17, 2016

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Transportation modes used in procurement and shipping. Distribution of goods prior to purchase. Ask Traditional Questions, and Let Big Data Provide Answers. Demand fluctuations.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Logistics Bureau

OCTOBER 20, 2021

“Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs. ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 98

Logistics Business Magazine

OCTOBER 11, 2022

Descartes Systems Group , a global leader in uniting logistics-intensive businesses in commerce, has released its October report on the ongoing global shipping crisis and analysis for logistics and supply chain professionals. The post Latest global shipping crisis report released appeared first on Logistics Business® Magazine.

Procurement Analytics 61

Procurement Analytics Cost Reduction Purchasing Skills Supply Chains 61

WorkWave

AUGUST 4, 2020

In the grand scheme of things, data analysis falls into the categories of descriptive, predictive, and prescriptive. While descriptive data presents existing figures, predictive data allows you to draw insights from trends in your descriptive data in order to make an educated guess about what might happen next. Billing Reports.

Data 91

Data Procurement Analytics Sourcing Strategies Ordering 91

SYSPRO Smarter ERP

AUGUST 7, 2023

They rely on outdated reports from disparate systems and scattered spreadsheets to gather information. It can help you monitor crucial metrics such as production schedules, job statuses and job costs at any given moment and promptly adjust to market demands. If this sounds familiar, you are not alone.

ERP 98

ERP Manufacturing Procurement Optimal Sourcing Procurement Analytics 98

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 98